Ramani Venkatramani, General Manager Diversified Institutions, Australian Prudential Regulation Authority, jn a speech  Liquidity, Licensing and Super Funds – What’s on APRA’s agenda‘. has warned that Superannuation Fund Trustees need to ensure that they have built sufficient flexibility into their respective funds to ensure they can meet their fiduciary obligations as well as member expectations.

He said that super trustees should not presume that APRA will routinely exercise its power to freeze redemptions unless warranted in the best interests of members.